Messaging

FileAct Copy

The simple solution to your file copying needs

An automated way
to copy file data tothird parties

Benefits
Flexible
Easy to implement
Simple to use
Secure and reliable
Rich choice of features

FileAct Copy is a value-added
feature of FileAct that enables
the sender of a file to trigger a
copy of the file header to a third
party for authorisation or furtherprocessing.
FileAct Copy is ideal for both
intra and inter-institutional
copying needs.

Clearing, netting, monitoring,or reporting systems
FileAct Copy supports the clearing andnetting of bulk payments, treasury andother financial transactions.
It allows a central institution to receive acopy of the header of a file and toauthorise or refuse its delivery to theaddressee.
This decision can be based on various
elements like:— content of header fields— payer’s account balance, collateral, orcredit line
— multilateral agreements between
counterparties

Risk management, insourcing
or outsourcing, central
monitoring
FileAct Copy can be used by global orregional institutions to receive copies ofspecific file data exchanged by theirbranches to monitor their activity.
Institutions offering third-party services
can use FileAct Copy to receive automatic
copies of information relating to theircustomers for further processing oraggregation. Similarly, for thoseinstitutions that have outsourced some of
their activities or need to inform a thirdparty, FileAct Copy ensures that therequired information is sent simultaneously
to the third party.

Sender
sends file

Receiver gets file whenreleased for delivery

Sendersends file

Receivergets file

SWIFTNetSWIFTNet

SenderReceiverFile header
copy

Y-Copy for authorisation
Automatic copying of key information
Two key parameters determine the copy
flows:— The copying mode
The file header data is copied forauthorisation (Y mode) or information(T mode) to a central point.
— The header data
The service can be set up to copy:— the technical header information(for example sender or receiver);and/or— the business header information
provided by the sender (typically
file summary data such as numberof items or total amount). This
allows the central point to process
the key information without
needing to open the file.

Key benefits
Flexible
The service administrator selects theparameters to generate copies, andmanages the access to the service.

55866 - JUN09

The administrator also defines if the copy
should always automatically be generated,
Service administrator
As service administrator is theorganisation that approves theparticipation of customers in the
FileActCopy service. The service
administrator defines the generalconditions of usage, the user
responsibilities, and the service
parameters for the provision of therelevant SWIFT services and products.

SWIFT © 2009

Sender

OK Third party
approves
the delivery

ReceiverFile header
copyT-Copy for information
or if the copy can be triggered by thesender with a flag. In addition, in the Y
copy mode, the administrator can selectoptional features such as notifications tothe sender that a file transfer wasauthorised or refused.

Rich choice of features
The sender can optionally ask for adelivery notification. In this case, SWIFT
will send a notification to the sender once
the file has been successfully delivered tothe receiver. This is supported both for Tand Y-Copy modes.

Easy to implement
FileAct Copy is based on standard
features of FileAct. There is littleoperational impact for the sender and thereceiver of the original file. The SWIFT
Alliance portfolio – Alliance Gateway andAlliance Access 6.3 – fully support thisfeature. Additionally many third-party
providers also support FileAct Copy.

When supported by the service
administrator, a sender can also receive a
notification of authorisation. When thisoption is used, SWIFT will send thenotification to the sender immediately after
having received the authorisation from theservice provider. This only applies to YCopy mode.

Simple to use
FileAct Copy is based on FileAct used instore-and-forward mode.
The sender sends a file to a receiver,
specifying that this file is subject to copy (ifnecessary).
SWIFT validates the transfer (in terms ofaccess control, for example), proceeds tothe sending of the file in accordance to theparameters and safestores the filecentrally.
Secure and reliable
FileAct Copy provides the same high levelof security as FileAct, including advanced
features such as non-repudiation.
In particular, for file transfers that aresigned, the third party will also receive thesender’s signature together with thecopied information. This enables the third
party to verify the authenticity and integrityof the copied information, without needing
to have the actual file.

Ordering and pricing
For more information about pricing, see
the Price List on swift.com > Support >Documentation or contact your SWIFT
account manager.
Ready to order?
Go to swift.com > Ordering > Orderproducts and services.

Additional information
Additional information about FileAct Copy
is available on swift.com, the Products
community on swiftcommunity.net andthrough your SWIFT account manager.
For further details about the usage of theservice, see swift.com > Support >Documentation.